DBS and SMF Partner to Decarbonise Singapore's Manufacturing Sector

Singapore’s DBS and the Singapore Manufacturing Federation (SMF) have signed a Memorandum of Understanding to promote sustainable practices in the manufacturing sector. This partnership aims to support 500 small and mid-sized manufacturers over two years, providing expertise, resources, and financial solutions to reduce emissions and enhance competitiveness. The collaboration includes training, tailored sustainability programs, and competitive sustainable financing options. This initiative supports Singapore’s national decarbonisation agenda and positions its manufacturing sector as a leader in sustainable practices.